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Key Details
Sold Price $1,152,200
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,892 sqft
Price per Sqft $398
MLS Listing ID SB24050143
Sold Date 06/03/24
HOA Y/N No
Year Built 1957
Lot Size 6,590 Sqft
Acres 0.1513
Property Description
2218 W Imperial Hwy is a fully vacant and renovation
ready 4plex located in Hawthorne. Property will need full interior remodel and roof. No need to deal
with in-place tenants!
Once units are renovated, the property will operate at
a 6.10% CAP and 11.49 GRM with the opportunity to add
additional income from the potential ADU conversions.
The property is comprised of (1) 2Bed+1Bath and (3)
1Bed+1Bath units averaging about 723 square feet
each. There are 4 garage parking spaces with
alleyway access as well as a laundry room on-site for
tenants.
2218 W Imperial Hwy is just minutes away from major
employers and new developments such as SpaceX,
Boeing, Hollywood Park, SoFi Stadium, Intuit Dome, etc.
The city of Hawthorne features top local schools
including Hawthorne Math & Science Academy,
Kornblum School, Bud Carson and Leuzinger High
School.
Location
State CA
County Los Angeles
Area 108 - North Hawthorne
Zoning HAR3YY
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4056005012
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
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